Ping Identity Corporation Key Developments

Ping Identity unveiled the Identity Defined Security Platform at the Cloud Identity Summit, which meets rising demand for an enterprise IT security solution with identity as its core. The company also announced major new product updates to support its vision for Identity Defined Security and an enhanced partner program. The new platform ensures that trusted employees, partners and customers can seamlessly access applications using any trusted device, enabling them to work productively without sacrificing security. A decade ago, as cloud and mobile adoption increased, Ping Identity led the industry with the launch of the industry’s first federated identity solution that connected once disparate applications to streamline experiences for anyone within a company’s ecosystem -- from employees to partners and customers. As the leader driving the federated identity movement, Ping Identity adopted industry standards that now define the market. As global enterprises became more cloud connected and mobile, Ping Identity once again led the industry by expanding its capabilities with multi-factor authentication and access control. This announcement marks another milestone as Ping Identity introduced a solution that solves the complex enterprise challenges imposed by cloud, API and mobile trends for workforce, customer and partner identity security. Ping Identity’s Defined Security platform is uniquely built for enterprises and is designed around six principles that meet modern enterprise security complexities and scale to address future challenges. The principles include: Support for all identities - Designed for employee, customer and partner use cases, Federated architecture design - Assumes resources are outside the network perimeter, Built on standards - Open to improve interoperability and prevent vendor lock-in, Security for Web, mobile and API - Secures all resource types including future IoT resources, Architected for Internet scale - Scales to meet the needs of large enterprises and Flexible deployment options - Deploys the solution according to unique needs, not as dictated by the vendor.

Ping Identity Corporation reported revenue results for the first quarter ended March 31, 2015. The company reported 40% year-over-year growth in annual recurring revenue, nearly doubled its subscription license revenue during the same period and saw a significant lift in enterprise customer adoption across industries for its identity security solutions.

Ping Identity and UnboundID Partner to Help Businesses Provide Secure Identity Experience for Customers Across Any Channel

Apr 29 15

Ping Identity announced a partnership with UnboundID to resell components of UnboundID’s identity and preference management platform. As a result of the partnership, Ping Identity and UnboundID are providing a combined directory and single sign-on solution to enable businesses to provide their customers with secure and convenient access to applications anytime, anywhere from any device. By combining Ping Identity’s next-generation identity and access management solutions with the UnboundID Platform, businesses like Wawa will realize the following benefits without the burden of added licensing costs: Seamless customer experience across multiple web properties and mobile applications; Integration of third-party services under a single brand experience meeting varying levels of authentication; Unified view of customers across all business units, and more simple and effective interoperability between applications; More secure mobile application development and delivery; The scalability and performance to ensure a future-proofed architecture.

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